The 15-minute chart for Procore has indicated an overbought condition, as evidenced by the Relative Strength Index (RSI) and a KDJ Death Cross on August 12, 2025 at 09:45. This suggests that the stock's price has risen too quickly and is no longer supported by fundamental analysis, and momentum is shifting towards a downward trend with potential for further decline.
Procore Technologies, Inc. (NYSE: PCOR) has shown signs of an overbought condition on its 15-minute chart, according to technical analysis indicators. The Relative Strength Index (RSI) and a KDJ Death Cross on August 12, 2025, at 09:45, suggest that the stock's price has risen too quickly and is no longer supported by fundamental analysis. This could indicate a shift in momentum towards a downward trend with potential for further decline [1].
The stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.06, with institutional investors controlling 81.10% of the shares [1]. Analysts' estimates for Procore Technologies' Q3 2025 earnings per share (EPS) range from a low of $0.02 to a high of $0.15, with a consensus estimate of ($0.15) per share [1].
Despite the overbought condition, several analysts have issued positive ratings and price targets for Procore Technologies. DA Davidson analyst G. Luria expects the company to post earnings per share of ($0.02) for the quarter, with a "Neutral" rating and a $70.00 price target [1]. Stifel Nicolaus, KeyCorp, JMP Securities, and Mizuho have also raised their price targets, while JPMorgan Chase & Co. has cut its price objective [1].
Procore Technologies has a market cap of $9.39 billion, a P/E ratio of -65.58, and a beta of 0.90. The company reported $0.35 EPS for the quarter ending July 31, 2025, topping analysts' consensus estimates by $0.11 [1]. The company's revenue was up 13.9% compared to the same quarter last year, and insiders sold 672,447 shares of company stock valued at $43,878,843 in the last 90 days [1].
Given the overbought condition and the shift in momentum, investors should closely monitor Procore Technologies' earnings and other fundamental factors to determine if the downward trend is sustainable. It is essential to consider both technical and fundamental analysis when making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/equities-analysts-set-expectations-for-pcor-q3-earnings-2025-08-05/
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